By Modupe Gbadeyanka

Stanbic IBTC Trustees clients have been assured of unparalleled risk management as the company has trusted hands to provide this service.

According to the company’s Managing Director, Mr. Charles Omoera, Stanbic IBTC Trustees’ trust solutions aim to help individuals run efficient businesses with peace of mind and plan their estates to ensure a successful and seamless transfer of assets. active in their future generation.

“The importance of estate planning cannot be overstated. It provides for and protects our loved ones and their interests.

“Through the use of wills and trusts, these interests are protected against heinous practices, and family disputes or financial difficulties that may arise after the death of the testator are minimized,” Omoera said.

“As an organization committed to comprehensive risk management and world-class corporate governance, Stanbic IBTC Trustees ensures that clients benefit from unrivaled risk management based on proven and trusted practices grounded in the culture of trust, confidentiality and renowned integrity of the organization,” he said.

He said that with the company’s wealth of experience and expertise in developed markets globally, it has continued to deliver outstanding services in different jurisdictions with integrity and transparency, noting that Stanbic IBTC Trustees remains committed to providing innovative and customer-focused financial solutions to Nigerians with its sound financial standing.

Stanbic IBTC Trustees is a subsidiary of Stanbic IBTC Holdings Plc which provides services such as a settlement agent, which ensures transparent disbursement and repayments in club loan agreements while ensuring that all other loan terms are met. maintained.

These terms are Security Trustee, which allows Stanbic IBTC administrators to hold collateral for a loan in trust while monitoring the assessed value of that collateral against the loan exposure.

The Stanbic IBTC Escrow Agent allows Stanbic IBTC Trustees to hold funds and documents in escrow for the parties to the transaction.

Others are Public Trust, which allows Stanbic IBTC trustees to act as trustees of government bonds and mutual funds under the supervision of the Securities and Exchange Commission; and Trust Scheme, which allows Stanbic IBTC trustees to act as trustees under custom trust arrangements to meet specific needs.

Additionally, the organization has an estate planning bouquet that encompasses asset acquisition, asset management, and asset transfer, and it is structured using tools such as Wills and trusts.

Among them is the Stanbic IBTC Educational Trust (SET) which helps parents and guardians provide quality education to their children and wards. Thanks to this service, parents have the opportunity to contribute to the financing of their children’s education, whether primary, secondary, higher or even post-university education.

In addition, Stanbic IBTC guides in the drafting and execution of comprehensive wills and acts as custodian of the will and executor.

In addition, the organization helps set up private trusts for clients who need tailored estate planning solutions, while simple, low-cost, out-of-the-box solutions such as the Simple Will ensure easy access to assets by beneficiaries after the death of the testator. .

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